The UAE's investment is part of a broader strategy to strengthen economic ties with the U.S. and advance its position as a regional leader in artificial intelligence and technology. Sheikh Tahnoon emphasized the UAE's commitment to accelerating investments in advanced technology, infrastructure, energy, and healthcare. The investment announcement follows previous plans by MGX, a venture within Sheikh Tahnoon’s $1.5 trillion empire, for a $100 billion AI infrastructure initiative. The UAE's investment commitment was initially reported by Reuters and aims to unlock access to cutting-edge semiconductors currently under export restrictions.
Key takeaways:
- The UAE will invest $1.4 trillion in the United States over 10 years following a meeting between President Donald Trump and Sheikh Tahnoon Bin Zayed Al Nahyan.
- The investment will focus on AI infrastructure, semiconductors, energy, and American manufacturing.
- Nvidia Corp. and Elon Musk’s xAI will join Abu Dhabi’s MGX, Microsoft Corp., and BlackRock Inc. in the AI Infrastructure Partnership.
- The UAE aims to boost investment in US technology and energy to become a regional leader in artificial intelligence.